Diversify your investments as you enjoy ANA—Affordable investment amounts, No management fees, and Attractive returns. Unlike equities, bonds are excellent at preserving capital, making them a good investment option if you’re looking for better returns without taking on significant risk. Corporate bonds pay a fixed rate of interest or “coupon” (generally carrying a premium over the risk-free rate on government securities) during the life of the bond to provide you with a regular income stream. Corporate bonds are listed on the Philippine Dealing Exchange and are tradable in the secondary market.
Product Features
Instrument
Fixed-Rate Corporate Bonds (PHP)
Issuer
Prime domestic corporations
Term
Depending on the Issuer, usually 3, 5, 7 and 10 years
Yield
Based on SEC-approval; fixed rate usually quoted at a spread over the applicable benchmark rate (e.g., PDST R2). Call Treasury Business Center for price quotes
Minimum Investment Amount
Primary Offering – As approved by the SEC, usually starts at Php50,000.00Secondary Market - Php500,000.00
Account Opening Documentation
Customer Information File, Client Suitability Assessment, Risk Disclosure Statement, one (1) valid ID, specimen signature cards, Application to Purchase, among others
Product Availability
China Bank Branches nationwide or Treasury Business Center-Head Office: (02) 885-5555 locals 5629 to 5630; Cebu Money Center – local 3747
Others
Must have a China Bank savings or current account for auto credit of interest/principal payments; secondary trades are subject to broker’s commission.
Corporate Bonds (US Dollars)
Corporations registered abroad issue US Dollar-denominated dollar bonds, accessible only to investors duly registered as Qualified Individual Buyers or QIBs. We can assist in your accreditation as a QIB, provided all pertinent documentary requirements are fully complied with. The usual minimum trade lot is $200,000.00.